Research background: The relationship between financial development and economic growth has been attracting attention in the field of economics since times ?great moderation?. Previous empirical studies still fail to put forward a general conclusion on whether how affects growth. This is particularly true due lack research matter question for countries transition.
 Purpose article: study aims contribute bridging gap development-growth nexus transitional economies. Understanding...

Business cycles are among the most discussed topics in social sciences. Environmental changes, heatwaves and natural disasters as consequences of anthropogenic activities headwinds to future economic growth development. There is an ongoing debate on environmental degradation its socio-economic impact. Here we investigate existence primary energy (coal, gas, oil, nuclear, solar, thermal, wind) England from 1700 2018. Using turning points methodology (Harding & Pagan, 2002), isolate...

The aim of the paper is to study finance-economic growth nexus in Poland using a time series approach. We find evidence existence link Poland. Most empirical studies do not consider lending structure financial sector (share households’ vs firms total credits). obtained results show that when share households and companies credits, long run relationship VECM statistically significant larger. Empirical private credit GDP or value/volume credits tend undervalue impact development on economic...

Research background: Financial cycles are behind many deep financial crises and it closely connects them with the business cycles, showing long memory properties effects. Being connected we must first explore true nature of to understand cycles. real, they have long-lasting effects on economy. Purpose article: This study investigates use (SSA) in tracking monitoring focusing ten (10) transitional economies 2005?2018. Methods: Singular spectrum analysis isolate significant oscillatory...

This work explores the relationship between financial cycles in economy and economic research. To this aim, we take China as an empirical example, intuitive bibliometric analysis of selected terms concerning research is performed first. Both research, then conduct singular spectrum to further isolate describe specific length amplitude for based on quarterly time-series data. Finally, according estimated that detrended by Hodrick-Prescott filter variables, Granger causality test scrutinizes...

Labor markets have been strongly affected by the COVID-19 crisis. Much empirical evidence exists on how they operated since outbreak, illustrated predominantly public statistics. However, there is limited primary research labor market stakeholders who experienced significant changes in border regions. The aim of this study to explore perceptions and experiences experts, especially entrepreneurs, regarding functioning regions Poland Germany after outbreak. main focus has put examining crisis...

Studies on the finance-growth link use different proxy variables for financial development. Among most used is total credit share in GDP. Previous empirical studies show to be sensitive choice of finance indicator. Total GDP appears biased modeling. Credit structure (loans firms and households) prove more robust when reveals a impact economic growth showing lending policy varies depending structure. Researchers studying must account this investigating supply leading demand-following...

Competitiveness on a small and large scale is necessary for growth. A definitive link between the level of competitiveness growth has been difficult to prove. One primary objectives economic planning promote price exchange rate stability. Entrepreneurialism productivity also increase country’s export competitiveness. The aim this study test convergence in club existence selected economies. No previous research had tested using nonlinear timevarying factor model. This paper provides an...

W artykule przedstawiono problematykę bezpośrednich inwestycji zagranicznych rozpatrywaną w aspekcie teoretycznym oraz praktycznym. Przedstawiono stan faktyczny z perspektywy międzynarodowej podziale na branże. Zwrócono szczególną uwagę wybrane kraje Europy, jako atrakcyjne pod względem inwestycji, jak również ich rozwoju. (abstrakt oryginalny)

Our study bridges the gap between in previous research on synchronization financial and business cycles over a long period. Using data for UK from 1270 to 2016 we analyze using spectral Granger causality (Breitung & Candelon, 2006). paper brings several important findings discussion cycle link. is first one (to best of our knowledge) that use period spanning centuries. We analysis advanced (SSA) (MSSA) relationship run. Paper results show series moves along medium-term spectrum. find...

Financial cycles as a source of financial crisis and business that was demonstrated during the 2008, so it is important to understand proper methods measuring forecasting them unravel their true nature. We searched big data for UK, USA, Japan China period 2004Q1 2019Q1 find corresponding research determine importance cycle studies. use singular spectral analysis (SSA without data) multichannel (MSSA with identify significant deterministic in residential property prices, credits private...

The consequences of climate change are an important point contention in the current policy debate on sustainability economic development and growth. Climate contributes to many socio-economic disadvantages risks. primary objective global 2050 is fully understand negative externalities environmental change. Goal methodology: main goal study examine convergence steady green growth state for a sample 130 countries from 1990 2019. Setting up efficient consistent fight demands empirical knowledge...